For China, billions of dollars are at risk from a widening war

With oil prices surging and the conflict in the Middle East intensifying, the economic stakes for China are rising.

Oil prices fall after Trump warns Iran over Strait of Hormuz

Oil prices fell on Tuesday after US President Donald Trump warned Iran to not block a shipping route crucial to global energy supplies.

China to foster a trillion-yuan industry in the sky

Against the living canvas of the dark night, horses galloping above the sky of Hefei, the capital city of Central China’s Anhui Province.

G7 to take ’necessary measures’ to support energy supplies

G7 nations have said they are ready to take ’’necessary measures’’ to support the global supply of energy after the US-Israel war with Iran sent oil prices surging.

Australians turn to VPNs after adult website blocked under new age laws

Virtual private network apps have skyrocketed up the app charts in Australia after a number of adult sites began blocking Australian users in compliance with new online safety codes in effect from Monday.

India’s 250 million barrel buffer and supply diversification ensure fuel stability: Report

India currently maintains a combined energy buffer of over 250 million barrels of crude oil and refined petroleum products, equivalent to approximately 4,000 crore litres, according to a government report.

South Korea to impose fuel price cap to shield economy from energy shock

South Korean President Lee Jae Myung said on Monday that authorities would cap ‌domestic fuel prices for the first time in nearly 30 years to contain a spike in prices after the conflict in the Middle East sent global crude prices sharply higher.

US suspects China in breach of FBI surveillance network, WSJ reports

U.S. investigators believe hackers ⁠affiliated ⁠with the Chinese government ⁠are responsible for a cyber intrusion on ​an internal Federal Bureau of Investigation computer network that holds information related ‌to some domestic surveillance ‌orders, the Wall Street Journal reported on Friday.

IMF’s Georgieva warns Middle East conflict could push global inflation higher

IMF Managing Director Kristalina Georgieva ​on Monday warned ‌of inflation risks from the Middle East conflict, ​saying a 10% ​increase in oil prices, ⁠if persistent through ​most of the year, ​would result in a 40-basis-point increase in global inflation.

G7 finance ministers to discuss joint oil reserve release - report

G7 finance ministers will hold an emergency meeting on Monday to discuss a possible joint release of petroleum from reserves coordinated by the International Energy Agency, as oil prices surge following the conflict in the Gulf, according to the Financial Times.

Iran names Mojtaba Khamenei as new supreme leader

Iran has named Mojtaba Khamenei as its new supreme leader, just over a week after the assassination of his father, Ayatollah Ali Khamenei, in joint United States-Israeli strikes that have plunged the entire region into a sprawling war.

Panel picking Iran’s next supreme leader has reached consensus, members say

The body tasked with selecting Iran’s new supreme leader has reached a decision, several members said Sunday, although the name has yet to be announced.

India says it will continue buying Russian oil, rejects need for U.S. permission

India said Saturday that it would continue importing Russian oil after the United States temporarily granted a sanctions waiver that allows for oil shipments currently stranded at sea to be sold to Indian buyers.

Trump tells Britain he does not need its help to win Iran war

President Donald Trump said on Saturday that Britain is giving ’’serious thought’’ to ​sending two aircraft carriers to the Middle East, but added ‌that the U.S. does not need them to win the war with Iran, in the latest clash between the military allies.

Explosion reported outside US embassy in Oslo, police say

Police in Norway have cordoned off the area around the US embassy in Oslo after an explosion was reported there.

Chinese authorities jail Tibetan monk for 6 years for teaching Tibetan language to children

The Chinese government has sentenced Palden Yeshe, a Tibetan monk, to six years in prison for teaching Tibetan language to over 300 students during their school holidays, drawing renewed criticism over China’s tightening restrictions on Tibetan cultural and linguistic practices, as reported by Radio Station Voice of Tibet (VoT) and cited by Phayul.

Trump rejects settling Iran war, raises prospect of killing all its potential leaders

U.S. President Donald Trump said he is not interested in negotiating with Iran and raised the possibility that the Iran war would only end once Tehran no longer has a functioning military or any remaining leadership in power.

Tehran’s Mehrabad Airport on fire as airstrikes target Iran

Airstrikes hit the Iranian capital in the early hours of Saturday, state media reported, APA reports citing CNN.

Trump on rising gas prices during Iran operation: ’If they rise, they rise’

President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters ​in an exclusive interview that the U.S. military operation was his priority.

Frigate sunk by US off Sri Lanka coast had no weapons: Iran MFA

Two days after a US submarine torpedoed and sank an Iranian warship off Sri Lanka’s coast, Iran on Friday warned that the attack on an “unarmed ship cannot go with impunity,” reports Greater Kashmir.

Gulf carriers resume limited flights, but missile fire fuels uncertainty

Emirates and ​Etihad Airways were resuming limited flight schedules to key global cities from their United Arab Emirates hubs on Friday, though the threat of missile fire piled pressure ‌on airlines as they scramble to accommodate travellers.

As live events boom, India’s hotels ride the experience economy

International music concerts and marquee ​sporting events are fast becoming ​a key growth driver for India’s hotel industry, as younger ​consumers increasingly prioritise live experiences over big-ticket shopping, hotel executives said.

Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades

China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an uncertain global outlook.

Experts: China to continue anchoring global economic growth

“For the foreseeable future, China will continue to be the growth engine of the world,” Erik Solheim, former Under-Secretary-General of the United Nations, said.

Israel cancels Friday prayers at Al-Aqsa Mosque amid Iran conflict

Israel’s Civil Administration has cancelled Friday prayers at the Al-Aqsa Mosque in occupied East Jerusalem, the latest in a series of Israeli restrictions imposed at Islam’s third-holiest site since the start of the Muslim holy month of Ramadan.

Finland plans to lift decades-old ban on hosting nuclear weapons

Finland plans to lift its long-standing ban on having nuclear weapons on its territory, in a move the government says would align the country more closely with Nato’s deterrence policy.

Britney Spears arrested in California on suspicion of driving under the influence

Britney Spears has been arrested in California under suspicion of driving under the influence of alcohol and drugs.

Junior Punjab officer named IGP, tensions rise in Pakistan-administered Kashmir

The appointment of a junior police officer from Punjab to the coveted post of Inspector General of Police (IGP) in Pakistan-administered Kashmir has caused unrest within the regional police force, with six senior officers raising concerns about seniority, merit, and institutional morale.

India taps space startups for launching ‘Bodyguard’ satellites

India’s security agencies have asked private startups to develop so-called bodyguard satellites as the country accelerates efforts to protect space assets at a time of heightened geopolitical tensions, according to people familiar with the matter.

India slams ’baseless’ claim of US using its ports

The widening US-Iran conflict has now reached the Indian Ocean, but India has made it clear that it will not be pulled into the war narrative.